James River Coal Co., the mining company that filed for bankruptcy last month, won court approval of $110 million in financing to fund business operations over the objection of its unsecured creditors, Bloomberg News reported yesterday. Bankruptcy Judge Kevin Huennekens gave final approval of the financing yesterday at a court hearing. The company received interim approval to borrow as much as $80 million on April 9 from a syndicate of lenders including Cantor Fitzgerald Securities as administrative agent and Deutsche Bank AG as arranger.
